5 Financial Services Stocks Moving The Industry Upward

4. As of noon trading, Bank of New York Mellon ( BK) is up $0.26 (0.8%) to $32.03 on light volume. Thus far, 2.0 million shares of Bank of New York Mellon exchanged hands as compared to its average daily volume of 6.1 million shares. The stock has ranged in price between $31.61-$32.06 after having opened the day at $31.62 as compared to the previous trading day's close of $31.77.

The Bank of New York Mellon Corporation provides various financial products and services worldwide. It operates through Investment Management, Investment Services, and Other segments. Bank of New York Mellon has a market cap of $36.5 billion and is part of the financial sector. Shares are up 23.6% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Bank of New York Mellon a buy, 2 analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Bank of New York Mellon as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, expanding profit margins, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Bank of New York Mellon Ratings Report now.